Deep Tide TechFlow News, on November 18, according to Coindesk, the UK-regulated crypto exchange and custodian Archax stated that the range of tokenized real-world assets (RWA) offered by the company has been expanded to include funds from State Street, Fidelity International, and Legal & General Investment Management (LGIM).
The company will initially provide tokenized access to certain State Street Global Advisors, Fidelity International, and LGIM money market funds, and has stated that it may add other types of funds in the future. Archax will issue beneficial ownership tokens representing clients' holdings in these funds.
These tokenized assets will initially be offered on Hedera Hashgraph, XRPL, and Arbitrum, with other blockchains likely to follow.
